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Gilead Sciences, Inc. (GILD) announced the completion of the transaction to acquire Immunomedics, Inc. (IMMU) for approximately $21 billion. On October 23, Gilead successfully completed the tender offer for all outstanding shares of common stock of Immunomedics and accepted for payment all shares validly...

Sinclair Broadcast Group, Inc. (SBGI) said Friday that Hulu, the streaming service owned by Walt Disney Co. (DIS), has decided to drop Sinclair's 21 regional sports network brands or RSN, YES Network and Marquee. Sinclair alleged that while it tried to come to an amicable and fair agreement, Hulu...

United Bankshares Inc. (UBSI) reported that its earnings for the third quarter of 2020 increased to $103.8 million or $0.80 per share, from last year's $66.0 million or $0.65 per share, primarily due to higher income from mortgage banking activities, driven by an elevated volume of mortgage loan originations...

Gentex Corp. (GNTX) reported third quarter earnings per share of $0.48 compared to $0.44, prior year, primarily as a result of the increase in net income, as well as a lower diluted share count when compared to the third quarter of 2019 as a result of share repurchases. On average, eight analysts polled...

Cleveland-Cliffs Inc. (CLF) reported a loss per share of $0.02 for the third quarter which included $0.06 per share, of acquisition costs, severance, and inventory step-up amortization. This is compared to profit $0.33 per share, last year. On average, seven analysts polled by Thomson Reuters expected...

Integrated payments firm American Express Co. (AXP) reported Friday that net income for the third quarter declined to $1.1 billion or $1.30 per share from $1.8 billion or $2.08 per share in the prior-year quarter. Consolidated total revenues, net of interest expense, also decreased 20 percent to $8.8...

Barnes Group Inc. (B) reported third quarter earnings per share of $0.30, compared to $0.89, a year ago. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.28, for the quarter. Analysts' estimates typically exclude special items. Third quarter...

Specialty pharmaceutical company Indivior Plc (INDV.L) said its former Chief Executive Officer Shaun Thaxter was sentenced in United States Federal Court on Thursday after pleading guilty to one misdemeanor count under the Responsible Corporate Officer Doctrine. The company noted that the plea agreement...

Essentra plc (ESNT.L) reported a 6.7% decline in the third-quarter revenue on a like-for-like or LFL basis, reflecting a reduction in elective surgeries and prescription levels through lockdown periods. In the Components division, on a LFL basis Q2 was -20% on the prior year period, whilst Q3 improved...

Swedish home appliances giant Electrolux AB (0MDT.L, 0GQ1.L, ELUXY.PK) reported Friday that its third-quarter total group income surged 219 percent to 2.36 billion Swedish kronor from last year's 739 million kronor. Earnings per share were 8.20 kronor, up from 2.57 kronor a year ago. Operating earnings...

InterContinental Hotels Group Plc (IHG.L, IHG) reported that its third quarter Group RevPAR declined 53.4%. For the year-to-date period, Group RevPAR was down 52.3%. Keith Barr, CEO, InterContinental Hotels Group PLC, said: "Trading improved in the third quarter, although progress continues to vary...

Barclays Plc (BARC.L, BCS) reported profit before tax of 2.42 billion pounds for the nine months ended 30 September 2020 compared to 3.26 billion pounds, previous year. Basic earnings per ordinary share was 7.6 pence compared to 10.4 pence. Excluding litigation and conduct, profit before tax was 2.52...

Aéroports de Paris SA or Groupe ADP (AEOPF.PK) reported Friday that its consolidated revenues for the first nine months of fiscal 2020 was down 52.7 percent to 1.67 billion euros from last year's 3.53 billion euros. The revenues were impacted by the crisis linked to the CoVid-19 pandemic on traffic. Aviation...

Groupe Renault (RNSDY.PK, RNSDF.PK, RNT.L) reported third quarter revenues of 10.37 billion euros, down 8.2% compared to last year. At constant exchange rates and perimeter, Group revenues would have decreased by 3.2%, for the quarter. Automotive excluding AVTOVAZ revenues were 8.95 billion euros, down...

French industrial gases provider Air Liquide SA (AIQUY.PK) reported Friday that its third-quarter group revenue reached 4.98 billion euros, down 8.7 percent from last year on a reported basis. On a comparable basis, revenue edged down 0.9 percent. Compared with the preceding second quarter, which...

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